From now on, the decentralized search engine Presearch (PRE) will be a default search engine option on all new and factory reset Android devices sold in the UK and European Union.
According to recent information from Cointelegraph, the Presearch listing went into effect on September 1.
The move follows a lengthy legal battle with the European Commission, which alleged that Alphabet Inc. (NASDAQ: GOOG) (NASDAQ: GOOGL) was using its Android mobile operating system to further consolidate dominance of its Google search engine.
The European Commission’s antitrust regulator fined Google € 4.24 billion for limiting competition from the Android platform, and in 2019 the company announced that it would allow competing search engines to operate on its devices.
What does it mean
Presearch is a decentralized search engine option that will be available, among others, on Android devices in the EU and UK. Supposedly, the theoretically private search engine processes more than 1 million searches initiated by more than 2.3 million registered users.
Search volume has also skyrocketed 300% since the beginning of the year. All Presearch searches are processed by network node operators, who are rewarded for their work with Ethereum (ETH) -based Presearch (PRE) tokens .
Data from CoinMarketCap suggests that the coin responded amazingly to the announcement. At press time, Presearch was trading at $ 0.1212 after skyrocketing more than 91% in the last 24 hours.